Friday quiz: Volvo’s new China strategy | DLR survey reveals ‘crisis’ | Palazzani turns 90

1) Volvo CE has agreed a deal to sell its majority stake in China-based SDLG (Shandong Lingong Construction Machinery Co). Going forward, what does the company say its new strategy in China will be?

• Exiting all manufacturing in China and shifting production to its existing facilities in Sweden and Germany
• Offering Volvo branded premium products and services to focused customer segments in China and utilise its system in China as a production center serving both the domestic and export markets.
• Focusing on the unique strengths of the Volvo CE brand by establishing a network of seven manufacturing hubs across the country each of which will include a construction themed World of Volvo experience centre and sauna

2) French rental association DLR this week published the results of its quarterly barometer survey on the health of the country’s construction economy. Which sector did the organisation say was in crisis due to a 10.6% fall in first quartert turnover?

• Construction equipment sales
• Material handling
• Rental

3) Italian spider lift manufacturer Palazzani celebrated its 90th anniversary this week. Over the years, which product has the company NOT made ?

• The world’s first wheeled loader with four equal sized drive wheels
• Anti-tank scooters
• Components for anti-aircraft machine guns

4) Kiloutou has announced that its carbon emission reduction targets have been validated by the Science Based Targets initiative (SBTi). What is its headline goal?

• 42% reduction in Scope 1 and 2 emissions, and 25% in Scope 3 by 2030
• 50% reduction in all emissions by 2040
• Net-zero emissions across all scopes by 2028

5) Volvo CE this week announced it had acquired one of its authorised dealers in Europe. Which one?

• SMT
• Swecon
• Robert Aebi

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